Event planning is a bit like wedding planning, just on steroids. The scope of this idea is so large that it includes everything from cheesy stag and hen do parties to sophisticated product launches. Again, the entry barriers are rather low, but a flush work portfolio and a few glowing testimonials are something you need to consider to get a good head start in this field.
Brunson also talks about doing this before he started his Inner Circle. He helped Drew Canole successful launch Organifi into a global powerhouse by helping to consult, coach and deploy powerful strategies that helped Canole's company draw in tens of millions of dollars from one single funnel. After that, he was easily able to charge the big bucks.
Owning a “real” business means you need to think about bank loans or financing, leases, maintaining inventory, business insurance, finding staff, training staff, etc. You then need to factor in finding a prime location for your business. If you don't have enough footfall then you can expect to be shutting up shop in as little as a few months. In fact, 50% of small brick-and-mortar businesses fail within their first 3 years.
The cornerstone of your affiliate business is about setting up a website that's focused on a specific niche. You research low competition keywords for that niche, with the aim of ranking on page one of Google for those keywords. People visiting your site then click on a referral link, and if they make a purchase at the destination store, then you get paid a commission. That's why some people call it “referral marketing”.
"My business advice? Think honestly about who you are, what you want to accomplish, and what mindset you need to have to get there. Because the biggest thing that will hold you back is your own nature. Few people are natural risk-takers or emotionally ready for the challenges of building a business. You can’t just sign up for a marathon and run it without ever training. You have to increase your capacity and become fit. Being an entrepreneur requires similar kinds of emotional and psychological fitness so that you don’t become the chokehold on your business’s success."
Merch by Amazon is another service offered by Amazon that will enable you to make money online without any initial outlay. To get started you need to create an account with Merch by Amazon. Then simply design some T-shirt logos or slogans, and upload them to your Merch account. You will need to choose a T-shirt type, color, and price, and Amazon will create product pages for each T-shirt. When someone makes a purchase, Amazon takes care of production and shipping. And you are paid a royalty for your design.
Rather than making money through subscriptions, YouTube channels are based on a traditional advertising system. Meaning the more viewers you get, the more you make. Once you’re approved for the YouTube Partner Program and can start including ads on your videos, with every 1,000 views, you will make approximately $2-$4. Which might not seem like a lot, but if you have 100 videos with 5,000 views a month each, that would be $1,000–$2,000 already. Just imagine if your videos start hitting millions of views!
Hootsuite – Listed 4 out of 20 times. Like Buffer, Hootsuite is a very handy tool to help schedule and monitor all of your social media activities. They also have been around for a while so they should know what they are talking about. Their latest trending posts are about: (i) How to Get More Facebook Likes: 10 Tactics That Actually Work, (ii) 40+ Useful PC Keyboard Shortcuts for Social Media Pros, and (iii) How to Advertise on Facebook: The Complete Guide.
Aaron Wall is the founder of SEO Book, an online resource that offers the #1 SEO training program and online resources. SEO Book was launched in 2003 and focuses on techniques and strategies that are founded on years of experience and education. The company helps clients with an array of verticals in order to grow businesses to their full potential with the power of search engine marketing. Wall maintains that “search is the most powerful marketing channel ever created because it is demand driven.”
Copyblogger – Listed 9 out of 20 times, talks about content marketing and copywriting. This is one of the best digital marketing blogs for anyone who wishes to build a thoroughly content marketing strategy. Some recently published popular articles are about: (i) Killer Resources for Freelancers … and an Option for Those Who Don’t Want to Go It Alone, (ii) The Wise Content Marketer’s Guide to Sensible SEO, and (iii) The Simple 3-Step Process for Creating a Winning Content Marketing Strategy
To be successful, one must often learn from those people who have already achieved their goals. Businesses are continually required to innovate, or end up falling prey to a younger competitor. Successful entrepreneurs understand the relevance and importance of a lifelong learning. If you are new to the business world, you should always be on the lookout for relevant information about entrepreneurship and the important trends in your particular industry. The world changes pretty fast and to be growing at all times, you need to be learning too! Here are 5 such tips to be a successful entrepreneur.
9. Post online video. Video is still a little cutting-edge for some, but the benefits can’t be understated. Online video is the wave of the future, and every business needs to have something on YouTube, Metacafe, etc. If you’re concerned about expense here, keep in mind there are some low-budget options that won’t damage your brand while still providing concrete benefits.
Orbit Media Studios is a web design and development studio that, partnered with their results-driven marketing blog, can assist with any area of your company’s digital footprint across your website and more. From designing a strategic website that works as a high-converting marketing asset, to marketing it and measuring your results, Orbit has a fantastic team and guest blogger roster doling out advice.
Reed McManigle: At CTTEC we deal primarily with inventor teams of faculty and PhD students, and inventions that have resulted from (perhaps years) of research funding. With this starting point, it's easy for the inventors to be convinced that the science/technology is the key driver of success, instead of the actual drivers of finding a real, sizable problem to address; building and managing a team; developing and executing a go-to-market strategy, etc.
Due to the higher levels of risk, long-lasting entrepreneurs are also frugal. Despite popular culture telling us that entrepreneurs are popping champagne and cruising on expensive yachts, most business owners are savers, not spenders. This was highlighted by the research of Dr. Thomas Stanley and published in The Millionaire Next Door (1996), which found that most millionaires in this country are owners of small businesses (not lawyers, doctors, or bankers) and they are habitual savers. 81% of them purchase their vehicles instead of leasing, and 90% of those who do purchase spent less than $45,000. The book may need updating, but it shows the ever-important need for frugal living as an entrepreneur.
There are loads of stuff you can sell online. The bottom line is that you can take your groceries store online. You can engage in the sale of perfumes, electronics, tablets, smartphones, flowers, computers or any products online and people will patronize your services. All you need to do is to define the areas you are servicing and ensure that you make adequate provision for shipping.
With offline marketing, it's very difficult to tell how people are interacting with your brand before they have an interaction with a salesperson or make a purchase. With digital marketing, you can identify trends and patterns in people's behavior before they've reached the final stage in their buyer's journey, meaning you can make more informed decisions about how to attract them to your website right at the top of the marketing funnel.
"Many new CEOs are hyper-focused on making their MVP, but they don’t really have a long-term vision for how to make their companies profitable. I would recommend designating marketing and sales as a day-one priority. This will help your business earn fans before the MVP ships and ensures that what you create is truly something that a customer will want to pay for."
Whether you stick with the above blogs, or go on a following spree, start building a portfolio of go-to RSS feeds or a Twitter list of your own favorite marketing resources. Blogs are one of the easiest ways to stay updated on the industry and learn consistently, and there’s no excuse for not keeping up with any – especially now that you know who to start with.
"Keep your first product extremely barebones. Get clear product validation from your target customer before you spend any time or money building a Minimum Viable Product (MVP). Start small. Invest more resources in product development as you generate enough operating income to cover your ongoing research and development expenses. Hold off on executing your product roadmap before you have enough consistent sales revenue to support that vision."
Another strategy to make money online is to become a social marketing manager. Being present on social media is key for any business that wants to attract new customers, promote their products and grow their following. However, constantly posting, liking and commenting on the numerous social media channels is extremely time-consuming. More and more businesses are recruiting social media managers to run and organize all their social media. And to save money, social media employees are often employed as online freelancers.
Outsourcing is the new and dominant wave of the business world. As businesses shed employees, they increasingly turn to independent contractors to supply what in-house staff used to do. One of the ways they do this is through virtual assistants. These are people who provide certain tasks online. Businesses can use virtual assistants as much or as little as they need to. If you can make yourself available to multiple businesses, you might have plenty of work without ever leaving your house.